Today we will analyze the stock MICROCHANNEL TECH CP (MCTC.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in MICROCHANNEL TECH CP (MCTC.OB)
1- Last bullish trend was from 0.05 $ (6/29/2012) to 0.07 $ (7/2/2012) a 0.02 $ move 2- The current bearish trend started from 0.07 $ at 7/2/2012 and is currently trading at 0.01 $.
3- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
MICROCHANNEL TECH CP (MCTC.OB) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.050 that failed and formed a resistance.
MICROCHANNEL TECH CP (MCTC.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 0.050 that failed and formed a resistance.
MICROCHANNEL TECH CP (MCTC.OB) Long term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.050 that failed and formed a resistance.

Stock Trading Conclusion:
MICROCHANNEL TECH CP (MCTC.OB) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.024, 0.033, 0.040, 0.047, 0.050, 0.070.
Stock Support levels :.